$121.2 Million Multifamily Loan | Orlando, FL
560 units
JLL is pleased to present the opportunity to acquire Rock Pointe (the “Property”), a ±13-acre site located in Rockledge, Florida – ranked a Top 10 Best City for STEM Jobs (Forbes). The Seller has prepared two conceptual site plans for the development of 160 (16’) and 135 (20’) wide townhomes with 1-car garages. Seller will provide Buyer with time to engineer the project and close subject to site plan approval and site development permits.
Aerospace & Defense Employment Hub Generating High Paying Jobs
Major employers include NASA, SpaceX, Blue Origin, Boeing, L3Harris, Raytheon, Lockheed Martin, Embraer and U.S. Space Force.
Next to Master-Planned Communities and Top Selling Homes
Located minutes from the Viera master-planned community, a top selling master plan with over 13,000 employees, where homes sell for up $3.5M. Moreover, the property is next to a newly built DR Horton community with single-family home prices exceeding $450,000.
Rapid Connectivity to an International Airports & Space Coast Corridor
The Property is just 3-minutes from I-95 and US-1, offering rapid linkage to Melbourne-Orlando International Airport, the Patrick Space Force Base, Port Canaveral and Orlando.
High-Speed Brightline Train Station Recently Announced
Located just 10 minutes from the recently announced Brightline station in Cocoa, the Site offers rapid connectivity to Central and Southern Florida.
Superior Connectivity to Orlando and the Lake Nona Region
The Property offers quick connectivity through SR-520 to Orlando and the Lake Nona Region (30-min); one of the US top selling master-planned communities' home to companies like Johnson & Johnson, Amazon, KPMG, and Verizon.
Proximity to Top Amenities and World-Renowned Beaches
The Property is located just a quick 5-minute drive from Cocoa Village, offering residents with +100 dining and retail options. Additionally, the Property is just a 15-minute drive from world-renowned Cocoa Beach.